Category: Debt Resources

Are all debts erased in bankruptcy?

  • October 21, 2015

Section 178 of the Bankruptcy and Insolvency Act includes a list of debts NOT erased in Bankruptcy. A summary of the more common debts that are not erased are as follows:Fines and penalties of the courts (including fines or payments for intenti

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Will I lose my house?

  • October 20, 2015

Have you ever asked, \"Will I lose my house in bankruptcy?\"The answer is, many people do not lose their homes in a proposal or bankruptcy. However, every situation is unique and careful review is needed. Much will depend on the value of the

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Will I lose my car?

  • October 19, 2015

Whether or not you lose your car will depend on many factors. Have you given it as security? Do you use it to get to and from work? How much is it worth? If it is secured, can you afford the payments? We will review all the issues involved in determ

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A family member has offered to lend me money, is this a good idea?

  • August 15, 2015

People with significant debt problems often borrow from family and friends, or get family and friends to co-sign for them. If a family member has offered to lend you money, you need to understand the problems that this can cause both you and your

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